Debt Roll-up, or the “snowball” method, is a systematic approach of paying more than the minimum. As soon as the first balance is paid off, the freed-up payment amount is used to pay down the next debt even faster. As each debt is paid off, money continues to "roll-up" to the next bigger debt.

To use this calculator:

1) Enter your debts in order from SMALLEST to LARGEST balance.
2) Each entry requires current balance, interest rate, monthly payment amount, and interest cost.
3) The interest cost and the number of payments left will be automatically calculated.
4) You may also include an additional monthly amount to add to your initial payment.

Press "Calculate Results" to show both current and Debt Roll-up totals and savings.
Press “Create Payment Schedule” to view a month-by-month Debt Roll-up payment schedule.

Enter Debt: Smallest to Largest Balance Auto-Calculated
Interest / Payments
# Creditor Principal
Balance ($) 		Interest
Rate (%) 		Payment
Amount ($) 		Interest
Cost 		Payments
Left (months)
1
2
3
4
5
6
7
8
9
10
Enter a monthly dollar amount you can add to your debt payoff plan:


Results Principal
Balance 		Interest
Rate 		Payment
Amount 		Interest
Cost 		Payments
Left (months)
Current totals: N/A
Roll-Up totals: N/A
Time and interest savings from Accelerated Debt Payoff Plan:



All content is provided “as is”, without warranty of any kind. Calculators are provided for illustrative purposes only, they do not take your personal circumstances into consideration and the results are not guaranteed to be accurate or fit for any purpose. The presented results should not be taken as professional advice or relied upon as the sole basis for making important decisions.